In Re Admetric Biochem, Inc.
United States Bankruptcy Court, D. Massachusetts
1Opinion of the Court
MEMORANDUM
JOAN N. FEENEY, Bankruptcy Judge.
I. INTRODUCTION
The matters before the Court are Cross-Motions for Summary Judgment filed by Cummings Properties, LLC (“Cummings”) and Kathleen Dwyer, the Chapter 7 Trustee (the “Trustee”) of Ad-metric Biochem, Inc. (“Admetric” or the “Debtor”). The issue presented is whether a lease acceleration clause in the lease between Cummings and Admetric is an enforceable liquidated damages provision and a proper component of Cummings’ proof of claim. Cummings argues that it should be allowed a breach of lease claim to the extent permitted by 11 U.S.C. §…
2Cases cited7 opinions
- A-Z Servicenter, Inc. v. SegallMassachusetts Supreme Judicial Court · 1956
- Lynch v. AndrewMassachusetts Appeals Court · 1985
- Kelly v. MarxMassachusetts Supreme Judicial Court · 1999
- Commonwealth v. McIntyreMassachusetts Supreme Judicial Court · 2002
- Honey Dew Associates, Inc. v. M & K Food Corp.Court of Appeals for the First Circuit · 2001
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3Cited by4 opinions
- Shawmut-Canton LLC v. Great Spring Waters of America, Inc.Massachusetts Appeals Court · 2004
- In re MarkhamUnited States Bankruptcy Court, D. Massachusetts · 2013
- Cummings Properties, LLC v. Dwyer (In Re Admetric Biochem, Inc.)United States Bankruptcy Court, D. Massachusetts · 2003
- In Re Millivision, Inc.United States Bankruptcy Court, D. Massachusetts · 2005